SpiceJet to strengthen management team as Shilpa Bhatia set to rejoin
Bhatia has been with SpiceJet as its chief of sales and revenue for few years before moving to IndiGo as its chief sales and revenue officer last year. She quit the firm this month. "We are expecting her to join in February" a person aware of the matter who did not wished to be named said, "There are likely to be some other shuffle too including reporting changes."
Stocks in the news: Coffee Day, UltraTech Cement, Sterling & Wilson, JSW Steel and SpiceJet
Punjab National Bank (PNB) has scrapped its plan ...
Sensex rises 100 points, Nifty stays above 12,100 level
OPENING BELL: Sensex rises 100 points, Nifty stays above 12,100 level; SpiceJet gains...
BPSL's ex chairman Sanjay Singal gets bail in money laundering case
While granting bail, the court recorded differences between details of the probable and actual proceeds of crime submitted by the Enforcement Directorate (ED). Singal was arrested on November 23. The court had denied him bail last month.
Jet Airways, IndiGo, Spicejet slip as air passenger traffic growth tumbles in 2019
Domestic air passenger traffic in December 2019 increased by 2.56 per cent YoY to 1.30 cr.
Sahara chairman Subrata Roy appears in SC, says has paid most of his dues
Sahara chairman Subrata Roy on Friday claimed in the Supreme Court that he had cleared most of the dues demanded by the market regulator to pay public depositors in his group companies. Sebi informed the court that he had so far paid only a part of the money due, including interest.
YES Bank shares extend gains on SBI chairman's comments
In the last three sessions, YES Bank has gained 16.55 per cent.
Banking sector set for more pain, deratings likely: Hemang Jani, Sharekhan
In terms of the NPL cycle and loan growth, there is a huge disconnect between what is being reported by banks and what is generally being expected and that continues to be a major worry. Also, there is over-ownership across private banks as the weightage is still very high and most of the investors are hiding in very few banks.
YES Bank jumps 7% after SBI chairman says it will not be allowed to fail
“Yes Bank is a significant player in the market with an almost $40 billion balance sheet. I have a feeling that it will not be allowed to fail,” Kumar said in Davos.
State Bank chairman says YES Bank ‘will not be allowed to fail’
Kumar said it won’t be good for India’s economy as a whole if YES Bank were to fail.
Sebi considering use of AI to curb market manipulation
Market regulator Sebi is considering the use of artificial intelligence and other advanced technology to curb market manipulation, its chair...
Domestic air passenger traffic grows by just 3.74% in 2019 compared to 18.6% in 2018: DGCA
Commenting on the 2019 data, a senior official of the Directorate General of Civil Aviation said, "A bit disappointing. In 2019, we faced headwinds on account of Jet Airways but 2020 is going to be different and the double digit growth should be back sooner rather than later."
First phase of payload selection for Gaganyaan done: ISRO chairman K Sivan
Isro plans to send a humanoid in the first of the two unmanned missions to space later this year using its most powerful rocket - Geosynchronous Satellite Launch Vehicle MkIII. The rocket will be human rated - fine tuned to be safe with zero or minimum errors so that it can carry crew capsule on board.
SpiceJet starts four new flights on its domestic network
Aurangabad, which SpiceJet added as its 53rd domestic destination last year, will be connected with Ahmedabad with a daily flight. The fight is effective from 15th February 2020. The airline will add an additional frequency on the Mumbai-Mangalore-Mumbai sector.
Share market update: Aviation stocks fly; Jet Airways climbs 5%
The 30 shares BSE Sensex was up 77.38 points at 41937.07.
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